Wow, what a week it’s been! The election is now over, with Donald Trump emerging as the victor. The Federal Reserve also cut interest rates another 25-basis points, continuing the trend of monetary easing.
I went into the election 100% long. This was not because I expected one particular outcome or another. I was just responding to the conditions presented by the market. I periodically receive emails about how I’m preparing for a particular event – the truth is – the method allows me to sail through both calm and stormy waters.
There’s been some big movers in the past week, and I want to recap some of these with you. But if you’ve been following my emails over the past couple of months, you’re probably happy with how positions in crypto and Tesla have been performing. Let’s take a look…
The New Era Economy is Blossoming
I’ve been talking about the Trinity Trade for some time now, and by now, I think you’ve figured out that it has to do with the cryptocurrency sector and stocks like Tesla.
In fact, I started pounding the table about cryptocurrencies back in mid-September, when hardly anybody was paying attention. Now crypto is back on everyone’s radar, and there are record fund flows going into crypto ETFs – the move is starting to blossom.
Not to mention, I think Tesla is going to emerge as the leader within the Magnificent Seven stocks. This is why I went public with my overweight position in Tesla a couple weeks back – I thought it was a setup you needed to capitalize on.
The biggest thing at this point is to not chase or force any trading setups. There is no shortage of opportunity in this market, and it’s something that those in A.I. Timing Webs have fully realized this week, as we captured profits in names like APP, CORZ, and MSTR for 154%, 54%, and 30%, respectively. And that was all this week.
In the meantime, I’ll keep you posted on other opportunities in this market.
Talk soon,
Gianni Di Poce
THEOTrade
